DJI can conquer new high
As is indicated on the chart right now DJI is moving towards the R1 which is the important resistance, and its also moving into an uptrend channel , any retracement to S1 is expected which would be our channel bottom line, if S1 is breakout we should be saving the profit until the S2 is not broken any down price is an opportunity to buy,
R1 breaks we can expect the price goes up near the blue rectangle
R1 breaks we can expect the price goes up near the blue rectangle
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.